If the marginal propensity to consume is .80 and both taxes and government purchases increase by $50 billion, real GDP will
increase by $50 billion.
decrease by $50 billion.
increase by $10 billion.
decrease by $10 billion.

Question

30-11-2022
Business

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If the marginal propensity to consume is .80 and both taxes and government purchases increase by $50 billion, real GDP will
increase by $50 billion.
decrease by $50 billion.
increase by $10 billion.
decrease by $10 billion.

Respuesta :

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rafikiedu03 rafikiedu03 · Answer 1 · 2022-12-05T04:40:39+01:00

If the marginal propensity to consume is .80 and both taxes and government purchases increase by $50 billion, real GDP will increase by $50 billion.

a government is the device or organization of people governing an organized community, usually a kingdom. in the case of its vast associative definition, government commonly consists of legislature, executive, and judiciary. government is a method through which organizational regulations are enforced, in addition to a mechanism for figuring out coverage. In many nations, the authorities has a form of constitution, a assertion of its governing concepts and philosophy.

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If the marginal propensity to consume is .80 and both taxes and government purchases increase by $50 billion, real GDP will increase by $50 billion. decrease by $50 billion. increase by $10 billion. decrease by $10 billion.

Respuesta :

Otras preguntas

If the marginal propensity to consume is .80 and both taxes and government purchases increase by $50 billion, real GDP will
increase by $50 billion.
decrease by $50 billion.
increase by $10 billion.
decrease by $10 billion.